South-Eastern Asia: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in South-Eastern Asia

The Southeast Asian medicaments containing penicillin market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption enjoyed noticeable growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Medicaments Containing Penicillin Production in South-Eastern Asia

In value terms, medicaments containing penicillin production rose remarkably to $X in 2021 estimated in export price. Overall, production posted temperate growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 86%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Medicaments Containing Penicillin Exports

Exports in South-Eastern Asia

In 2021, the amount of medicaments containing penicillins or derivatives thereof exported in South-Eastern Asia declined markedly to X tons, waning by -17.8% on the previous year. Overall, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 86% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, medicaments containing penicillin exports declined significantly to $X in 2021. In general, exports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of 138%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia was the largest exporter of medicaments containing penicillins or derivatives thereof in South-Eastern Asia, with the volume of exports amounting to X tons, which was approx. 49% of total exports in 2021. Thailand (X tons) held the second position in the ranking, distantly followed by Vietnam (X tons). All these countries together held approx. 48% share of total exports. Malaysia (X tons) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +20.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest medicaments containing penicillin supplier in South-Eastern Asia, comprising 61% of total exports. The second position in the ranking was held by Thailand ($X), with a 21% share of total exports. It was followed by Indonesia, with a 7% share.

In Vietnam, medicaments containing penicillin exports expanded at an average annual rate of +18.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Thailand (+16.7% per year) and Indonesia (+7.2% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, which is down by -20.3% against the previous year. In general, the export price, however, continues to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2017 an increase of 169%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+5.0%), while the other leaders experienced mixed trends in the export price figures.

Medicaments Containing Penicillin Imports

Imports in South-Eastern Asia

In 2021, supplies from abroad of medicaments containing penicillins or derivatives thereof decreased by -1.3% to X tons, falling for the second year in a row after three years of growth. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 185% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; afterwards, it flattened through to 2021.

In value terms, medicaments containing penicillin imports contracted to $X in 2021. Over the period under review, imports, however, saw strong growth. The pace of growth was the most pronounced in 2015 when imports increased by 122%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Indonesia (X tons) represented the main importer of medicaments containing penicillins or derivatives thereof, comprising 72% of total imports. Thailand (X tons) ranks second in terms of the total imports with a 14% share, followed by the Philippines (7.7%) and Vietnam (5.2%).

Indonesia was also the fastest-growing in terms of the medicaments containing penicillins or derivatives thereof imports, with a CAGR of +59.6% from 2012 to 2021. At the same time, Thailand (+12.0%) and Vietnam (+11.4%) displayed positive paces of growth. By contrast, the Philippines (-2.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Indonesia increased by +67 percentage points.

In value terms, the largest medicaments containing penicillin importing markets in South-Eastern Asia were Indonesia ($X), Vietnam ($X) and Thailand ($X), with a combined 81% share of total imports.

Indonesia, with a CAGR of +24.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, falling by -6.7% against the previous year. In general, the import price faced a abrupt slump. The pace of growth appeared the most rapid in 2015 when the import price increased by 87%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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